It was not easy to successfully create a central bank as the monetary entity of the whole country. It was necessary to travel a dark and winding road. The fathers of the idea were deemed brave, conspirators, and even elitist. That is why behind the secret history of the Federal Reserve, one of the pages of U. Entrepreneurs, corporations and even the North American people, since their independence, were reluctant to the creation of organizations that would serve to strengthen the central power.
The existence of a central bank that regulated monetary operations was part of the squad of strong rejections by those who defended at all costs the federal principles that gave birth to the nation. The United States had already faced 2 previous attempts to create a centralized bank.
The second attempt was rejected by Andrew Jackson , who in dismantled the central bank and ended all aspirations of having an entity in charge of regulating financial operations. In this way, the United States revealed the deep distrust generated by the agencies in the hands of the central power.
The first years of the 20th century were marked by deep financial crises. Why Gold? Halftime in America Author : Dan S. Stairway to Tyranny Author : H. More Details Original Title. Other Editions Friend Reviews. To see what your friends thought of this book, please sign up. Lists with This Book. Community Reviews. Showing Average rating 4. Rating details. More filters. Sort order. Jun 21, David Lentz rated it it was amazing.
We have heard a great deal from "free market" economists about the "invisible hand of the market" and this book offers a vividly clearer account of whose hand is actually moving the market. How is that a private institution with Federal Reserve in its brand can hold so much power and yet remain so unaccountable to any other Federal branch? This book certainly explains the positions taken by the Fed during the massive bailout to New York banks. How is it that the Fed remains unaudited given the f We have heard a great deal from "free market" economists about the "invisible hand of the market" and this book offers a vividly clearer account of whose hand is actually moving the market.
How is it that the Fed remains unaudited given the fiduciary trust that Americans have placed in it? The Federal Reserve is not a Federal government entity and yet issues fiat currency for our great nation and dictates the interest rates that we pay. Have you found curious all the numbers bandied about by diverse members of Congress on the extent of our national debt? But if the Fed is unaudited, how can we be sure of the accuracy of any quoted number?
The history of the secret meeting of bankers at Jekyll Island, the prolific connection to the Rothschild family, JP Morgan and Paul Warburg's roles in creating the Fed, their endless tradition of war funding, their root causes of panics and depressions, and links to other shadow government groups easily render this book deeply disturbing. It explains the chauvinistic acceptance of the Chicago School's doctrine in Milton Friedman's widely revered, free market, economic theory.
It explains how secretive, conservative, elite shadow groups manipulate puppet politicians who in effect are on their payrolls. It explains why GE, Verizon, Citigroup and many other Fortune Companies pay zero corporate taxes and why oil companies have so many tax breaks despite their epic profitability.
This book explains the invisible hand of the market that is strategically and brutally bent upon strangling the great American Middle Class. The invisible hand of the market can't abide the thought that keeps the elite awake at night: somewhere someone unworthy and poverty-stricken owns a pittance to which the elite is somehow entitled.
Please be advised that the invisible hand of the market plans to enslave the Middle Class. Consider the fate of the truly heroic American poet, Ezra Pound, sentenced without a trial to an insane asylum for treason for 13 years as he sponsored at great personal expense the truth evident in the early publication of this book. One legal approach to remedy the inhumane, corporate self-interest creating chaos by this unConstitutional, private, central bank is to audit and then to nationalize the Fed under the full control and accountability of the US Treasury Department.
Restore the Chinese Wall of Glass-Steagall between banking and investment banking, which helped us fend off depression until the Bush era of deregulation, and perhaps we shall regain real, long-term, economic stability.
Read this book and then preview on Google "U. Supreme Court - Schechter Poultry v. The ultra-conservative agenda now to radically eliminate debt is highly likely to become the root cause of the next severe, short-term, economic contraction. It seems that nothing is more profitable for the private shareholders of the Fed than global chaos. View 2 comments. Feb 11, Eric rated it liked it. This is a great reference book but I honestly had to force myself to finish reading it.
Mullins is understandably upset that his original research for this book has been plagiarized without credit from various other authors on the subject. He was the man commissioned by Ezra Pound to investigate the money system of the US. Pound was unable to do this himself as he was being held as a political prisoner, presumably on the grounds of mental infirmity. What Mr. Mullins fails to appreciate i This is a great reference book but I honestly had to force myself to finish reading it.
Mullins fails to appreciate is that while he is a thorough and dedicated researcher he hasn't a clue how to present his material in a compelling manner. This subject is of paramount importance to the concerned citizenry of this planet.
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